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Property profile & analytics
OFF-MARKET
Office buildings
721 Jefferson St Perry, FL 32347-4116
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4563876
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
WOOD
Total area
962 SF
Lot
0.25 ac (10,890 SF)
APN
25-04-07-04268-000
UPID
US18-4563876
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lemon Grass Massage and Nail Spa Alternative Medicine Practice Spa & Massage Center
-
Gulf Breeze Real Estate Real Estate Agency
-
Wesley Logan, Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gregg Gulbransen · 2 yrs held
Gregg Gulbransen
since 2024
Last sale
$155,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Perry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perry submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,413
Tax year 2023
Assessed value
$85,630
Assessed 2023
Previous assessed
$85,630
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$42,170
Assessed improvement
$43,460
Land market value
$42,170
Improvement market value
$43,460
Total market value
$85,630
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Total area
962 SF
Lot
0.25 ac (10,890 SF)
APN
25-04-07-04268-000
UPID
US18-4563876
Jurisdiction
TAYLOR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Lot
0.25 ac
Current owner
From public records · entity-resolved
Gregg Gulbransen
Individual
Mailing address
2540 SHIPMAN LN, PERRY, FL 32348-7740
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2024
$155,000
Gregg Gulbransen
C SR Wesley
Warranty Deed
$124,000 · Madison County Community Bank
Mar 17, 2020
$40,000
Wesley C Logan SR
Kay L Parrish
Warranty Deed
$151,448 · Kay L & Ella M Parrish
Mar 17, 2020
$135,000
Wesley C Logan SR
Kay L Parrish
Warranty Deed
—
May 30, 2007
$77,600
Kay L Parrish
Perry Real Estate Invs INC
Warranty Deed
—
May 1, 2007
$77,537
Kay L Parrish
Owner Name Unavailable
Warranty Deed
related
—
Apr 10, 2006
—
Perry Real Estate Invs INC
Vizcarra,euloglio M
Quit Claim Deed
related
—
Sep 24, 2003
$100,000
Eulogio M Vizcarra
Stoutamire,j R
Grant Deed
$90,000 · J R Stoutamire
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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